Public Limited Company

10/27/2016

Public Limited Company

A Public company is the one means which is not a private company and has a minimum paid-up share capital of five lakh rupees

 

Benefits

  • Quick & Easy to get started
  • Separate legal entity
  • Shareholders have limited liability
  • Ability to raise large amount of capital
  • Shares can be listed and can be sold to public
  • Large Public Companies find it easier to get loans from banks

Minimum Requirement

  • Minimum 3 Directors
  • The directors and shareholders can be same person
  • Minimum Share Capital shall be Rs. 500,000
  • DIN (Director Identification Number) for all the Directors
  • DSC (Digital Signature Certificate) for one of the Director

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